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Category: Business

Mythos forces South African banks onto high alert

Posted on April 23, 2026

187 Capitec Bank CEO Graham Lee Capitec CEO Graham Lee said on Wednesday that the bank has formally applied for early access to Anthropic’s Mythos model and, after clearing the first hurdle…

Free calls, dead voice and Shameel Joosub’s Spanish ghost

Posted on April 22, 2026

237 Capitec CEO Graham Lee’s announcement on Wednesday that phone calls between Capitec Connect users are now free of charge is a significant development in the history of telecommunications in South Africa…

Motsoaledi says R74 million has been set aside for NHI legal costs

Posted on April 22, 2026

209 There is a total of 15 cases all in all, of which each costs between R2.5 million to R3 million. The department of health has set aside R74 million in the…

Can DTIC deliver 100 00 jobs? Plan unveiled

Posted on April 22, 2026

204 Deputy Minister Zuko Godlimpi said the department’s primary task is to convert improving economic conditions The Department of Trade, Industry and Competition (DTIC) has set its sights on creating more than…

Inflation increases in March – but full impact of Middle East war still to come

Posted on April 22, 2026

165 ‘The SARB will pursue its new 3% inflation target, but if the war ends relatively soon, the bank may not have to hike interest rates.’ The consumer price index (CPI) increased…

RAM price relief? SK Hynix plans $13-billion Korean fab

Posted on April 22, 2026

211 SK Hynix said on Wednesday that it plans to invest the equivalent of US$12.85-billion (R212-billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand…

The AI agent race is on

Posted on April 22, 2026

177 Google CEO Sundar Pichai. Bhawika Chhabra/Reuters Google CEO Sundar Pichai is deepening a push into enterprise software, signalling to investors at Google’s annual cloud conference that AI agents — human-like digital…

R250m payday: Meet Capitec’s top earners

Posted on April 22, 2026

142 Capitec Bank’s remuneration report for the 2026 financial year has revealed that three executives, including a former one, cost the lender nearly R250 million in remuneration packages. This is an increase…

Black tax in 2026: Is it still a duty or becoming a burden?

Posted on April 22, 2026

141 Picture: iStock / Iryna Melnyk The term “Black Tax” has become a familiar part of everyday life. Traditionally, it describes the financial and emotional support that employed Black South Africans provide…

Eskom developing bitcoin mining plan but needs Nersa’s nod

Posted on April 22, 2026

156 Eskom’s Agnes Mlambo Eskom is working with energy regulator Nersa on a framework that will allow it to sell surplus daytime electricity to bitcoin miners but said the regulator will still…

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